Adam Smith Business School College of Social Science University of Glasgow Master’s Thesis Modelling & Forecasting Stock Market Volatility, Comparing Time Series Dynamics and Economic Fundamentals: A Study On the European Stock Markets Author: Supervisor: Ali Owji Dr. Alexandros Kontonikas Submitted in Fulfilment of the Requirements for the degree of MSc Financial Risk Management Word Count: 14,882 August 22, 2018